Mortgage Choice sell-off despite good results

Mortgage Choice (MOC) suffered its worst sell-off this year despite delivering better than expected interim results.

Mortgage Choice (MOC) suffered its worst sell-off this year despite delivering better-than-expected interim results.

Shares in the mortgage broker slumped 4% to $3.10 after management revealed a 14.7% uplift in cash net profit to $9 million for the six months to end December as it achieved its highest half-year home loan settlements on record. 

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